EU Banks Partner With Fireblocks to Launch Regulated MiCA Stablecoin
Share:
Consortium of 12 EU banks led by Qivalis partnering with Fireblocks to build a MiCA‑compliant euro stablecoin for institutional settlement, treasury and tokenized assets. Target launch in H2 2026; intends to reduce reliance on USD stablecoins (≈99% of the $320B global stablecoin supply) and create euro‑native regulated infrastructure. Likely to accelerate regulated institutional crypto adoption, affect stablecoin market dynamics and support token launches, custody/security and DeFi integration.
Predictions Markets
See what traders are focused on
- A consortium of 12 EU banks has partnered with Fireblocks to develop a MiCA-compliant euro stablecoin.
- To create a regulated euro-backed stablecoin alternative, reducing reliance on dominant USD stablecoins.
- Targeting launch in the second half of 2026, it could accelerate regulated institutional crypto adoption.
A consortium of 12 European (EU) banks, led by Qivalis, has partnered with Fireblocks to develop a fully compliant Markets in Crypto Assets Regulation (MiCA)-compliant euro stablecoin for institutional settlement, treasury, and tokenized assets.
The initiative targets a launch in the second half of 2026, aiming to reduce reliance on dominant USD-backed stablecoins, which account for nearly 99% of the $320B global supply, while advancing EU-regulated euro-native digital finance infrastructure.
EU Banks Partner With Fireblocks to Launch Euro Stablecoin
…Read The Full Article EU Banks Partner With Fireblocks to Launch Regulated MiCA Stablecoin On Coin Edition.
Read More
Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain
